Assessing Socioeconomic Costs and Benefits of ICZM in the European Union

Author: Williams Evan   Mcglashan Derek   Firn John  

Publisher: Taylor & Francis Ltd

ISSN: 1521-0421

Source: Coastal Management, Vol.34, Iss.1, 2006-01, pp. : 65-86

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Abstract

A new methodology for the assessment of the costs and benefits of Integrated Coastal Zone Management (ICZM) is presented and applied across Europe. The methodology was developed from survey responses by the individual ICZM initiative managers, many from the European Commission's ICZM demonstration programs. Two broad classes of “low” and “high” level ICZM are identified and used in socioeconomic modeling. The methodology integrates qualitative and quantitative data to provide a means of estimating the net benefits of the application of ICZM on a European scale. This work draws on existing GDP and tourism data and ecosystem service values (devized by Costanza et al., 1997a, 1997b) to establish the welfare benefits of ICZM. The results demonstrate the considerable net benefits that could flow from concerted action across the European Union to introduce ICZM for coastal member states.